The Institute of Fundraising most recent set of accounts show that its individual membership fell by around 200 in the last year, but its surplus increased.

The IoF’s 2014/15 accounts, made up to the year ending 31 March 2015, show that individual membership of the organisation fell from around 5,600 to around 5,400. Despite this drop, individual members contributed £495,882, up from £470,131 in 2013/14.

The organisation’s income fell slightly to £4.66m from £4.68m the previous year.

Spending fell to £4.52m, compared with £4.63m the year before. This left the IoF with an overall surplus of £143,000 for the 12 months ending 31 March 2015.

While the accounts don’t mention anything specific about the ongoing political pressure on the sector since the death of Olive Cooke, the IoF does promise in 2015/16 to form “effective relationships with ministers, civil servants and key sector bodies” and be “an active participant in media debates and campaigns”.

The account also say that “success” for 2015/16 “will be measured by: [the] recruitment of 1,500 new members and retention of 76 per cent of existing members” and “higher membership satisfaction score”.

The report also confirms that the IoF has applied to the Privy Council to determine whether a future application for chartered status would be successful. The report says being awarded chartered status would bring greater recognition of fundraising as a profession and would “continue to drive standards”.

The IoF has also reduced the size of its board. It appointed two new members at its AGM and saw seven voluntary resignations.